Sentences with phrase «pension cuts as»

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Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

It will withdraw proposed cuts to pensions as well as reductions in accident and disability benefits.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

The target cuts, in turn, can lead to increased contributions from employees and their employers to fund the pension systems as their reliance on investment returns decreases.

As part of the reforms, Athens has promised to cut pensions in 2019 and cut the tax - free threshold in 2020 to produce savings worth 2 percent of gross domestic product.

Thousands of Puerto Ricans are marching to protest pension cuts, school closures and slow hurricane recovery efforts as anger grows across the U.S. territory over looming austerity measures.

Watch out for a cut in your income as the workplace pension contribution increases next tax year

Village officials are trying to control expenses by cutting staff as growing pension costs continue to gobble up local tax dollars.

Moreover, during its recent analyst meeting, management disclosed that it would have to borrow money to fund a $ 6 billion contribution to its pension plans next year, as well as cut its 2018 capex by 26 %.

«Britain's generous defined benefit pensions have plumbed further depths during August, reaching another record - breaking deficit of # 459.4 bn as the scramble for bond assets and the interest rate cut sent their liabilities soaring -LSB-...]

The 401 (k) was originally developed as a supplement to traditional defined - contribution (pension) plans, but company cost - cutting over the years means that the 401 (k) has become one of the primary ways Americans save for retirement.

Recent measures such as changes to the Canada Pension Plan, the rollback of planned cuts to Employment Insurance premiums, the introduction of carbon levies and cap - and - trade programs, and significant minimum wage hikes in Ontario and Alberta have a cumulative impact on investment returns and business competitiveness.

The peak industry group, which represents more than 60,000 businesses across manufacturing, engineering, telecommunications, mining, airlines and related sectors, will caution the Turnbull government against large cuts but call for careful spending reductions across aged care, health, the pension system and the public service to fund a company tax cut as a key priority.

As part of the ongoing talks over wider cuts to public sector pensions, ministers have since ruled out any negotiations on the issue.

Indeed, the TUC has described the current threat to pensions as the first serious attempt to cut wages and conditions since World War 2.

Even if the recovery had been progressing as well as ministers might have hoped, we would still have seen the clashes over public sector pensions, tuition fees and cuts to public services - police, schools, the NHS - currently driving the government's popularity downwards.

Nikos Theocarakis thinks the ability of families to keep supporting their unemployed younger family members is rapidly disappearing: «The grandparents» pensions have been cut so they need it for themselves as they are at subsistence level... there is no fat left to support those who are unemployed.»

As falling GDP, rising unemployment, cuts in wages and pensions, increases in taxes, cuts in public services all continue to bite, the question may not be why are there so many protests in Greece but rather why there aren't more.

With the city facing more budget cuts or even, as she suggested, «insolvency,» Miner was hoping for relief in an area where Albany is itself the prime culprit because of the exploding cost of pensions and benefits promised to public employees.

Instead, there would be a tax cut of 4p in the basic rate, funded by changes to the tax system as it related to pension contributions, capital gains and pollution.

A faction of the Republican Party is pushing austerity budgets, including cuts to social programs that are popular with the middle class, such as Social Security (government - funded retirement pension) and Medicare (government - funded retirement health insurance).

When he had the chance to increase disability benefits three years ago, as part of his 2012 legislation to create a new pension tier called «Tier VI,» he instead maintained cuts that were put in place during the economic downturn in 2009 by his predecessor, David Paterson.

As Tory election strategist he is keen to make political ground over Labour's inclusion of the pension in the welfare cut, because it allows the party to highlight how the opposition plans to cut the basic state pension in real terms.

We believe there is an alternative to these spending cuts but, if we have to, it's right and inevitable that we will stand up for the jobs and pensions of public servants, as well as the essential services they provide to the public.»

Read more: Iain Duncan Smith resigning as Work and Pensions Secretary «due to Treasury pressure to make cuts»

No - one really wanted to set out where the cuts will hit, and we had diversionary tactics such as talking about public sector pensions for the few very well paid public sector staff that won't make any real contribution to reducing the deficit.

Iain Duncan Smith said he is resigning as Work and Pensions Secretary blaming «Treasury pressure to make cuts».

«Duncan Smith has presided over years of suffering, and surely ranks as the most hated Work and Pensions Secretary in living memory - epitomising Tory arrogance and indifference to the effect of brutal cuts.

The former Tory leader resigned as Work and Pensions Secretary with a scathing attack on the Chancellor's «political» cuts to the most vulnerable.

Democratic committee leaders sought to restore cuts proposed by Malloy that included asking municipalities to collectively pay more than $ 400 million annually as a one - third share of teachers» pensions.

It includes a wave of cuts to benefit programs such as Medicaid, federal employee pensions, welfare benefits and farm subsidies.

He was elected in 2010 as a «new Democrat» who married centrist economic policies — a cap on property tax increases, business tax cuts, a reduction in pension benefits for new public employees — with liberal social policies like strict gun control and support for same - sex marriage.

Speaking as the union meets in Brighton for its annual conference, and a day after delegates voted to ballot a quarter of a million civil and public servants for a strike over cuts to jobs, pensions and pay, Mark said:

That realisation lent an apocalyptic tinge to events this week, as union members met in London to plan a «mass movement» against cuts — a movement which would kick off with a nationwide strike over public sector pensions.

Mr Cameron cited fiscal responsibility, welfare and pension reform, corporation tax cuts and government provisions to help with the rising cost - of - living as election pledges that were being fulfilled.

«This coming year is going to be one of the most challenging years for the trade union movement - and public sector trade unions in particular - as the coalition government seeks to make the public sector and its workforce pay for the crisis, through cuts to jobs, services, pay and pensions.

Unite also expressed fears over the future of the Royal Mail pension scheme as the company seeks to drive through changes ahead of the proposed sale which could lead to cuts in pension payouts.

The main civil servants» union, the Public and Commercial Services union, which took joint strike action on 30 June, has described Labour leader Ed Miliband's refusal to support public sector workers taking action over cuts in their pensions as «a slap in the face».

Mark, who will be among the conference delegates asked to endorse a ballot for a national strike over cuts to jobs, pensions and pay, said: «As a rep I witness firsthand how the government's cuts are affecting people and communities, so as well as cycling I'll be campaigning for the alternative along the waAs a rep I witness firsthand how the government's cuts are affecting people and communities, so as well as cycling I'll be campaigning for the alternative along the waas well as cycling I'll be campaigning for the alternative along the waas cycling I'll be campaigning for the alternative along the way.

Shadow work and pensions secretary Yvette Cooper on «something dangerous» in the chancellor's speech, as she said there is danger of cutting too quickly.

The Tory rebel, who resigned as work and pensions minister over the ex-Chancellor's budget, is speaking out publicly against the planned cut to Universal Credit, which he says will cost three million people more than # 1,000 a year each.

As a veteran i find the cutting of some military veterans» pension benefits bothersome, especially since other government workers escaped unscathed ----------------- — Unscathed?

The party is planning to campaign against the CGT cuts in the coming weeks to apply more pressure on the chancellor following Iain Duncan Smith's shock resignation as work and pensions secretary, when he branded Osborne's budget «deeply unfair», triggering the scrapping of the disability benefit cuts.

He said it contained too many cuts as well as fiscally unsound deferrals of pension payments to garner his support.

The ability to avoid too much unpalatable cutting was the consequence of finding # 7bn extra cuts / effective tax rises from the Welfare budget and from Child Benefit, along with rises in public sector employee pension contributions, though it was disappointing (but not surprising) that misdirected programmes such as winter fuel payments survive intact.

They do not accept this race to the bottom, cutting public sector pensions in the same way as private sector pensions have already been cut.

The news comes as the union is considering holding a ballot for national industrial action over cuts to jobs and pensions, and talking to other unions about co-ordinated action.

Duncan Smith resigned as work and pensions secretary on Friday, citing the cuts to disability benefits contained in the Budget as «a compromise too far».

The protests come as governments across the eurozone push through cuts to public sector pensions, wages and services, in return for a financial bailout.

A report by the work and pensions committee today found there had been financial hardship for vulnerable people as a result of the policy, which cuts housing benefit according to how many spare bedrooms people have.